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Housing in Happy Valley

60 homes sold in Happy Valley in the last year, at a typical $379K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Happy Valley homes are listed.

Homes sold
60
June 2025 to May 2026
Typical sale price
$379K
median, weighted by sales
Price per square foot
$242
California $504
Paid vs. asking
98.7%
25% sold over asking
For sale now
15
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 100% of Happy Valley’s sales, at a typical $379K

60 homes sold in the year to May 2026.

Houses$379K

typical sale · 60 sold in 12 months

Per square foot
$242CA $494
Days to sell
58
Sold over asking
25%
Listings with a price cut
29%
11 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

60 sales in the last year, against 81 in 2019 and a low of 38 in 2023. The typical sale went from $241K in 2016 to $379K.

Homes soldTypical sale price
0255075100$275K$350K$425K$500K2015: 54 sold, typical $230K’152016: 67 sold, typical $241K2017: 67 sold, typical $244K’172018: 78 sold, typical $252K2019: 81 sold, typical $271K’192020: 65 sold, typical $302K2021: 78 sold, typical $357K’212022: 76 sold, typical $371K2023: 38 sold, typical $357K’232024: 46 sold, typical $364K2025: 63 sold, typical $381K’25Last 12 months: 60 sold, typical $379KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Happy Valley

Houseat $242 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Happy Valley homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Happy Valley are back to pre-pandemic levels, but 46% fewer homes come up for sale

We read every month of Happy Valley’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 60 sales.

If you’re buying in Happy Valley

  • Shop in May. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • Bid near asking. Buyers paid 98.7% of the list price on average; 25% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 58 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 9 a month), but July is the most competitive: 35% of July sales close over asking. December has the least competition (17%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 32% sold over asking, 87 days to sellJFeb: 6 new listings a month, 28% sold over asking, 79 days to sellFMar: 8 new listings a month, 28% sold over asking, 94 days to sellMApr: 9 new listings a month, 25% sold over asking, 79 days to sellAMay: 8 new listings a month, 23% sold over asking, 65 days to sellMJun: 7 new listings a month, 31% sold over asking, 73 days to sellJJul: 6 new listings a month, 35% sold over asking, 67 days to sellJAug: 6 new listings a month, 24% sold over asking, 77 days to sellASep: 7 new listings a month, 28% sold over asking, 76 days to sellSOct: 7 new listings a month, 26% sold over asking, 76 days to sellONov: 5 new listings a month, 30% sold over asking, 84 days to sellNDec: 4 new listings a month, 17% sold over asking, 98 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than California

Happy Valley now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price25%25%36%36%
Gone within two weeksShare of homes under contract within 14 days26%1%0%31%
Listings with a price cutShare of homes for sale that cut their price29%——24%
Price paid vs. askingAverage sale price ÷ list price98.7%98.1%100.2%99.7%
Days to sellMedian days from listing to contract58916244
Supply

15 homes for sale on a typical day

That’s 1.4 times the 2023 low (10), 46% fewer than in 2017–19 and well under 2018’s 32.

2015: 22 for sale’152016: 23 for sale2017: 23 for sale2018: 32 for sale’182019: 27 for sale2020: 17 for sale2021: 18 for sale’212022: 21 for sale2023: 10 for sale2024: 13 for sale’242025: 16 for saleLast 12 months: 15 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against — in 2017–19 and 24% across California.

2022: 27%’222023: 26%2024: 29%2025: 34%’25Last 12 months: 29%Now
Across California

Happy Valley ranks 436th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Happy Valley is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Happy Valley home costs about $2,194 a month

Mortgage
Property tax
Insurance
Rent

Price: Happy Valley’s typical sale, last 12 months. Property tax at Happy Valley’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Happy Valley is affordable on local pay is on Cost of living.

Before you buy in Happy Valley

Six things worth knowing

9

New listings in April

The month with the most choice. December has the fewest, about 4.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $379K home, about $2,610 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Happy Valley, from test results, graduation and how much students grow.

Schools in Happy Valley
23 min

Typical commute

The average one-way trip to work for people who live in Happy Valley.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Lake California sells for less a square foot

The busier markets within 25 miles of Happy Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Redding1,142$389K$24928%36
Shasta Lake137$319K$24837%35
Anderson132$326K$26042%39
Lake California71$355K$22331%70
Happy Valley60$379K$24225%58
Palo Cedro38$533K$27813%55
Bella Vista27$457K$24322%69

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Happy Valley, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Happy Valley. People who follow the town see it, and so do people comparing Happy Valley with their own town. No commission, no listing fee.

Questions about buying a home in Happy Valley

What do homes sell for in Happy Valley, CA?

60 homes sold in the year to May 2026 at a typical $379K, $242 a square foot.

Is Happy Valley a buyer’s or seller’s market?

A seller’s market: 15 homes were for sale in May 2026 and 5 sold, about 3 months of supply. Buyers paid 98.7% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Happy Valley?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Happy Valley?

About 0.7% of a home’s value a year. On a $379K home that’s near $2,610.

Where can I see homes for sale in Happy Valley?

Zillow, Redfin, Realtor.com and Homes.com all carry Happy Valley’s MLS listings; the search links above open each one filtered to Happy Valley.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).